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116 Thomas St

Frankfort, KY 40601

4 bd 2 ba 2,450 sqft Built 1994 Lot 22,216 sqft single_family
Most recent sale
$260,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2022 Sold $260,000 MLS #22008182
Apr 27, 2022 Listed $225,000 MLS #22008182
Jun 16, 2017 Sold $145,000 Public Record
Apr 30, 2017 Listing removed $159,999 ImagineMLS
Apr 27, 2017 Price changed $159,999 MLS #1700456
Feb 13, 2017 Price changed $164,999 MLS #1700456
Jan 9, 2017 Listed $174,999 MLS #1700456
Sep 14, 2016 Sold $105,500 Public Record
Oct 21, 2005 Sold $144,000 Public Record
May 9, 2003 Sold $133,750 Public Record
Jun 23, 1998 Sold $101,000 Public Record
Apr 7, 1995 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $120,000 $25,000 $145,000 $1,703
2020 $120,000 $25,000 $145,000 $1,718
2019 $120,000 $25,000 $145,000 $1,754
2018 $120,000 $25,000 $145,000 $1,750
2017 $119,000 $25,000 $144,000 $1,676
2016 $105,000 $20,000 $125,000 $1,642
2015 $119,000 $25,000 $144,000 $1,606
2014 $119,000 $25,000 $144,000 $1,603
2013 $119,000 $25,000 $144,000 $1,556
2012 $119,000 $25,000 $144,000 $1,486
2011 $119,000 $25,000 $144,000 $1,437
2005 $119,000 $25,000 $144,000 $907

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,450 sqft
Lot size
22,216 sqft
ZIP code
40601
City
Frankfort
Street
Thomas St
Coordinates
38.21654, -84.77506

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 116 Thomas St last sell?
116 Thomas St most recently sold on Jun 9, 2022 for $260,000.
What is the current tax assessment for 116 Thomas St?
The most recent total assessment for 116 Thomas St (year 2021) is $145,000 with $1,703 in property tax.
How does 116 Thomas St's assessment compare to its last sale price?
The current assessment is 44.2% below the last sale price of $260,000.
When was 116 Thomas St built?
116 Thomas St was built in 1994.
How does 116 Thomas St compare to others on Thomas St?
We track 8 other properties on Thomas St. Browse the list under "Other properties on Thomas St" to compare beds, baths, and sale history.
What are the property facts for 116 Thomas St?
116 Thomas St is a 4 bed, 2 bath, 2,450 sqft, 22,216 sqft lot single_family.
Is 116 Thomas St a flip candidate?
No — 116 Thomas St does not appear in our flips dataset.
Is 116 Thomas St a tax-appeal candidate?
No — 116 Thomas St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$345.6K
2026 Q4
$353.9K
ZIP 40601 — Median Price History + Forecast

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